Gross Margin Analysis of Medium Scale Cane rat Production in Selected States of South-west Zone of Nigeria
Journal Title: IOSR Journal of Humanities and Social Science - Year 2018, Vol 23, Issue 7
Abstract
There have been calls by various Research Scientists for mass production of cane rat in order to bridge the gap between intake of animal protein and its supply and to contribute to economic empowerment in Nigeria, without adequate economic information on its production. The objective of this work therefore was to carry out economic evaluation, of medium scale cane rat production in south-west Nigeria so as to provide adequate economic information on return to investment to prospective investors in cane rat farming in Nigeria as a way of encouraging greater investment in its production. Three states (Oyo, Osun and Ogun), eighteen LGAs and seventy-two cane rat farmers were randomly selected for the study. The study adopted questionnaire method of survey research which was administered on the selected cane rat farmers. Data collected covered years of experience, number of colonies, cost of production, output of cane rat, and constraints to production. Data collected were analysed using simple descriptive statistical tools and gross margin analysis. Given the medium scale production of Cane rat studied, the highest average cost was N1,807.22, and the lowest N1,149.84 was per year. Ogun state had the highest margin of N118,637.00 per colony. This farm also had the lowest cost of production of N38,735.80 per colony across the three states selected. Oyo State recorded the lowest average gross margin of N82,157.80 per colony. In general terms the differences in gross margin between the states rests on imperfect market for inputs and management of cane rat in captivity. The study recommends that research activities should be directed towards getting appropriate ration, durable affordable materials for housing, and health management for maximum cane rat output for economic empowerment , reduction in poverty, enhanced food security.
Authors and Affiliations
Anamayi S. E. , Adelani D. O. , Lyock S. W. J.
Keywords
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